Tata Group has started putting together a team for its proposed big-bang foray into e-commerce marketplace under Ashutosh Pandey, Former COO of the Group's bookstore chain Landmark.
The Group has also roped in Sarvesh Dwivedi, who has been heading the lifestyle division of eBay India, three people familiar with Tatas' plans told the Economic Times.
Gurvinderjit Singh Samra, who has worked with Tata Group's different arms, including its life-science and healthcare unit, Titan and Indian Hotels, has joined the e-commerce team, two of them told the Economic Times.
Latif Nathani, managing director of eBay India, confirmed the departure of Dwivedi from the company, but said he is not sure where Dwivedi is headed. Prior to eBay, Dwivedi worked with Myntra.com and Reliance Retail among other firms.
Earlier it had been reported that the Tatas are preparing for an entry into India's lucrative e-commerce business with a marketplace model similar to Flipkart, Amazon and Snapdeal. A spokesperson for Tata Sons told the Economic Times that the Group has "interest" in e-commerce, but refused to share details for the proposed venture.
Tatas currently run e-commerce portals for its Croma consumer electronics chain and Landmark bookstores. Its proposed new e-commerce marketplace, which will provide an online platform for small and large vendors and retailers to sell their wares, is expected to be launched next year.
In the initial phase Tata Group plans to sell products from its own brands including Star Bazaar supermarket and Westside department store. The company is also in talks with its joint venture partner Inditex to get Spanish brand Zara on board as well.
Related Tags: Tata Group, e-commerce marketplace, Ashutosh Pandey, Sarvesh Dwivedi, Indian Hotels